Recent extremely meaningful negative changes in investment behavior have impacted Advanced Emissions Solutions Inc (NASDAQ: ARQ): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ADES’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Advanced Emissions Solutions has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Advanced Emissions Solutions has a slightly negative Appreciation Score of 38 but a very high Power Rating of 98, triggering the Positive Value Trend Rating.
Recent Price Action
Advanced Emissions Solutions Inc (NASDAQ: ARQ) stock declined modestly by -1.2% on 9/24/24. The stock closed at $5.12. Moreover, trading volume in this decline was exceptionally high at 282% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -12.2% during the last week.
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